Use the Information Below to Answer the Following Question(s)

question 86

Multiple Choice

Use the information below to answer the following question(s) .

During the year, Cornell produced and sold 60,000 units of product at a sale price of $8.00 per unit. There was no beginning inventory of product at the start of the year.
-The Sage Group produces a single product selling for $60 per unit. Variable costs are $12 per unit and total fixed costs are $6,000. What is the contribution margin ratio?

• A) 0.48
• B) 0.20
• C) 0.80
• D) 1.25

Understand the structure and function of keiretsu in organizational networks.

Differentiate between various organizational technologies and their applications.

Discern the strategic significance of networks, alliances, and the role of IT in organizational learning.

Comprehend the essentials of bureaucratic and mechanistic organizational designs and their impact on efficiency and adaptability.